Washington, D.C. (Jan. 31, 2019)
—ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America® (ICBA), has been endorsed by Community Bank Services, a wholly owned subsidiary of the North Carolina Bankers Association (NCBA). This marks the 38th state banking association to give its seal of approval to ICBA Bancard, which provides innovative credit, debit, small business and prepaid payments solutions to community banks.
“ICBA Bancard is honored to be chosen as an endorsed partner of Community Bank Services,” said ICBA Bancard President and CEO Tina Giorgio. “Consumers demand a wide-range of payment offerings to suit their busy lifestyles and evolving payment needs. Thanks to economies of scale, ICBA Bancard can help North Carolina community banks deliver on their promise to provide superior service that North Carolinians have come to expect from their local lender.”
ICBA Bancard is the 25th largest credit card portfolio and the 7th largest debit card portfolio in the country, generating more than $26 billion in annual sales volume. ICBA Bancard provides nearly 1,600 community banks with the best industry pricing, along with access to proven education and marketing programs and top of the line consultative and client support. In addition, ICBA Bancard clients receive exclusive access to innovative programs such as its Fraud Loss Protection Plan.
“ICBA Bancard’s community bank focus, combined with its reputation for best-in-class services, makes it ideally suited to deliver an end-to-end payment solution that meets the expectations of today’s discerning customer,” said Kim Hutchens, executive vice president of Community Bank Services. “We are pleased to endorse ICBA Bancard and look forward to working with them on behalf of community banks in our state as we look towards the future and bringing to market innovative solutions that meet the needs of consumers today, tomorrow and for years to come.”
For more information, visit www.icbabancard.org.
About ICBA Bancard
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $22 billion in sales volume in 2015 and are ranked collectively as the 25th largest credit card portfolio in the United States. ICBA Bancard enables thousands of community banks to provide competitive credit card, debit card, ATM and merchant processing solution. The company also provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support, and product education. For more information, visit www.icbabancard.org.
About Community Bank Services
Founded in 1980, Community Bank Services (CBS) is a proud subsidiary of the North Carolina Bankers Association (NCBA). It offers employee benefits, products and services through endorsed vendor relationships. Revenues generated from CBS programs, in the form of service fees, royalties and commissions ultimately enable the NCBA to maintain its low dues structure. Since its inception more than $21 million has been upstreamed to the Association. For more information, visit https://www.ncbankers.org/community-bank-services/.